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Alaska Air Group, Inc.

ALK
Exchange
NYSE
Industry
Air Transportation, Scheduled
SEC CIK
0000766421

In the last 90 days, Alaska Air Group, Inc. insiders filed 1 open-market purchase and 1 sale; 491 institutions reported holding it in 13F filings for Q2 2026, worth $5.34B in total; Semper Augustus is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Alaska Air Group, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
467
−2 vs. Q3 2025
Shares held
103.0M
+482.5K (+0.5%) vs. Q3 2025
Total value
$5.18B
+$78.2M (+1.5%) vs. Q3 2025
New holders
80
141 more added
Sold out
82
175 more reduced

8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ALK on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 467 institutions
Q1 2021: 532 institutionsQ2 2021: 521 institutionsQ3 2021: 537 institutionsQ4 2021: 536 institutionsQ1 2022: 549 institutionsQ2 2022: 520 institutionsQ3 2022: 497 institutionsQ4 2022: 508 institutionsQ1 2023: 516 institutionsQ2 2023: 500 institutionsQ3 2023: 469 institutionsQ4 2023: 457 institutionsQ1 2024: 427 institutionsQ2 2024: 449 institutionsQ3 2024: 446 institutionsQ4 2024: 511 institutionsQ1 2025: 528 institutionsQ2 2025: 479 institutionsQ3 2025: 477 institutionsQ4 2025: 467 institutionsQ1 2026: 453 institutionsQ2 2026: 491 institutions
Value heldQ4 2025: $5.18B
Q1 2021: $6.68BQ2 2021: $5.70BQ3 2021: $5.53BQ4 2021: $4.76BQ1 2022: $5.50BQ2 2022: $3.83BQ3 2022: $3.86BQ4 2022: $4.41BQ1 2023: $4.31BQ2 2023: $5.47BQ3 2023: $3.69BQ4 2023: $4.03BQ1 2024: $4.57BQ2 2024: $4.53BQ3 2024: $4.92BQ4 2024: $7.18BQ1 2025: $5.46BQ2 2025: $5.05BQ3 2025: $5.11BQ4 2025: $5.18BQ1 2026: $3.78BQ2 2026: $5.34B
Institutions holding ALK and their total value by quarter
QuarterHoldersValue
Q2 2026491$5.34B
Q1 2026453$3.78B
Q4 2025467$5.18B
Q3 2025477$5.11B
Q2 2025479$5.05B
Q1 2025528$5.46B
Q4 2024511$7.18B
Q3 2024446$4.92B
Q2 2024449$4.53B
Q1 2024427$4.57B
Q4 2023457$4.03B
Q3 2023469$3.69B
Q2 2023500$5.47B
Q1 2023516$4.31B
Q4 2022508$4.41B
Q3 2022497$3.86B
Q2 2022520$3.83B
Q1 2022549$5.50B
Q4 2021536$4.76B
Q3 2021537$5.53B
Q2 2021521$5.70B
Q1 2021532$6.68B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Alaska Air Group, Inc.; share changes are against Q3 2025.

Institutions holding ALK in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada80,902$4.07M0.00%−350,281−81.2%Reduced
Russell Investments Group, Ltd.74,863$3.77M0.00%−5,631−7.0%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH70,138$3.53M0.01%+26,310+60.0%Added
Picton Mahoney Asset Management67,941$3.42M0.04%+67,941New
SEI Investments Co67,197$3.38M0.00%+15,682+30.4%Added
Jag Capital Management, LLC66,427$3.34M0.36%−341−0.5%Reduced
Wells Fargo & Company65,923$3.32M0.00%−1,929−2.8%Reduced
CenterBook Partners LP62,210$3.13M0.15%+62,210New
Daytona Street Capital LLC61,573$3.10M2.53%+61,573New
SG Americas Securities, LLC60,266$3.03M0.00%+47,031+355.4%Added
Algert Global LLC59,271$2.98M0.05%+10,750+22.2%Added
Levin Capital Strategies, L.P.59,151$2.98M0.26%−1,415−2.3%Reduced
Nomura Holdings Inc57,564$2.90M0.01%−51,787−47.4%Reduced
Swiss National Bank56,900$2.86M0.00%−1,700−2.9%Reduced
Black Maple Capital Management LP56,500$2.84M2.12%+56,500New
Great West Life Assurance Co56,423$2.84M0.00%−5,037−8.2%Reduced
Qube Research & Technologies Ltd55,332$2.78M0.00%−1,271,287−95.8%Reduced
Amalgamated Bank53,565$2.69M0.02%+316+0.6%Added
FIL Ltd50,000$2.52M0.00%+50,000New
Jacobs Levy Equity Management, Inc49,355$2.48M0.01%00.0%Unchanged
State of Wisconsin Investment Board48,597$2.44M0.01%−4,205−8.0%Reduced
Police & Firemen's Retirement System of New Jersey48,535$2.44M0.02%−3,124−6.0%Reduced
Mutual of America Capital Management LLC48,271$2.43M0.03%−4,983−9.4%Reduced
State of Tennessee, Treasury Department47,688$2.42M0.01%−2,042−4.1%Reduced
Treasurer of the State of North Carolina48,130$2.42M0.01%−3,516−6.8%Reduced
Verition Fund Management LLC46,995$2.36M0.01%+15,750+50.4%Added
Atom Investors LP46,447$2.34M0.19%+26,107+128.4%Added
Maverick Capital LtdSuperinvestorMaverick Capital44,862$2.26M0.02%+44,862New
Delta Global Management LP43,736$2.20M0.16%+43,736New
Absolute Gestao de Investimentos Ltda.43,422$2.18M0.23%+43,422New
Rockefeller Capital Management L.P.42,919$2.16M0.00%+36,945+618.4%Added
Public Employees Retirement System of Ohio41,877$2.11M0.01%+2,287+5.8%Added
Heartland Advisors Inc41,160$2.07M0.11%+20,170+96.1%Added
Ellis Investment Partners, LLC40,909$2.06M0.36%+24+0.1%Added
IMC-Chicago, LLC39,097$1.97M0.03%+4,127+11.8%Added
Teachers Retirement System of the State of Kentucky38,595$1.94M0.01%00.0%Unchanged
Sit Investment Associates Inc38,475$1.94M0.04%00.0%Unchanged
Thrivent Financial for Lutherans38,414$1.93M0.00%+313+0.8%Added
Dark Forest Capital Management LP37,013$1.86M0.08%+20,149+119.5%Added
Commonwealth Equity Services, LLC36,446$1.83M0.00%+4,357+13.6%Added
Lesa Sroufe & Co36,349$1.83M1.36%−240−0.7%Reduced
Cetera Investment Advisers35,085$1.76M0.00%+2,655+8.2%Added
Handelsbanken Fonder AB34,700$1.75M0.01%−3,700−9.6%Reduced
Cozad Asset Management Inc34,435$1.73M0.13%−5,325−13.4%Reduced
Yousif Capital Management, LLC36,207$1.72M0.02%−274−0.8%Reduced
Polymer Capital Management (US) LLC32,928$1.66M0.21%+7,668+30.4%Added
California State Teachers Retirement System32,635$1.64M0.00%−1,600−4.7%Reduced
Mork Capital Management, LLC32,600$1.64M1.00%00.0%Unchanged
PEAK6 LLC32,343$1.63M0.04%+28,139+669.3%Added
Louisiana State Employees Retirement System32,100$1.61M0.03%00.0%Unchanged
Shay Capital LLC31,887$1.60M0.26%+31,887New
Colony Group, LLC30,542$1.54M0.00%+23,851+356.5%Added
Clarius Group, LLC30,493$1.53M0.09%−38−0.1%Reduced
US Bancorp30,416$1.53M0.00%+7,740+34.1%Added
Deltec Asset Management LLC30,000$1.51M0.25%+30,000New
Susquehanna Fundamental Investments, LLC29,782$1.50M0.05%+29,782New
Blueshift Asset Management, LLC29,417$1.48M0.43%+29,417New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys29,025$1.46M0.01%−569−1.9%Reduced
Mutual Advisors, LLC28,408$1.43M0.03%+407+1.5%Added
Graham Capital Management, L.P.27,533$1.38M0.05%+23,232+540.2%Added
State of Michigan Retirement System27,400$1.38M0.01%−100−0.4%Reduced
JustInvest LLC26,966$1.36M0.01%−3,346−11.0%Reduced
MidWestOne Financial Group, Inc.26,613$1.34M0.15%+18,135+213.9%Added
Northwestern Mutual Investment Management Company, LLC25,951$1.31M0.02%+249+1.0%Added
Quadrature Capital Ltd25,263$1.27M0.01%+25,263New
New Mexico Educational Retirement Board25,100$1.26M0.04%00.0%Unchanged
Shufro Rose & Co LLC23,700$1.19M0.08%+23,700New
Becker Capital Management Inc23,373$1.18M0.03%+3,386+16.9%Added
Hara Capital LLC23,301$1.17M0.65%+23,301New
CI Private Wealth, LLC23,289$1.17M0.00%−9,827−29.7%Reduced
Oregon Public Employees Retirement Fund23,199$1.17M0.01%00.0%Unchanged
Bailard, Inc.22,890$1.15M0.03%−1,532−6.3%Reduced
Oak Thistle LLC22,712$1.14M0.16%−10,153−30.9%Reduced
Cerity Partners LLC22,690$1.14M0.00%−37,695−62.4%Reduced
Mackenzie Financial Corp22,713$1.14M0.00%−1,252−5.2%Reduced
Great Lakes Advisors, LLC22,522$1.13M0.01%−18,042−44.5%Reduced
Pathstone Holdings, LLC22,428$1.13M0.00%−2,463−9.9%Reduced
Natixis Advisors, L.P.22,422$1.13M0.00%+7,114+46.5%Added
Summit Trail Advisors, LLC22,036$1.11M0.02%+10,023+83.4%Added
Redwood Investment Management, LLC21,985$1.11M0.12%−2,045−8.5%Reduced
Versor Investments LP21,713$1.09M0.17%+8,813+68.3%Added
Ameritas Investment Partners, Inc.21,257$1.07M0.03%−358−1.7%Reduced
Pacer Advisors, Inc.21,024$1.06M0.00%+5,834+38.4%Added
Envestnet Asset Management Inc20,419$1.03M0.00%+3,256+19.0%Added
Bank of Montreal20,333$1.02M0.00%−1,538−7.0%Reduced
Privium Fund Management (UK) Ltd20,033$1.01M0.75%+5,568+38.5%Added
Capstone Financial Advisors, Inc.19,540$982.9K0.05%00.0%Unchanged
Captrust Financial Advisors19,473$979.5K0.00%−1,806−8.5%Reduced
Greenfield Seitz Capital Management, LLC19,172$964.4K0.32%−259−1.3%Reduced
Clear Harbor Asset Management, LLC18,907$951.0K0.06%+1,283+7.3%Added
Integrated Wealth Concepts LLC18,887$950.0K0.01%−1,722−8.4%Reduced
Advisor Group Holdings, Inc.18,556$933.4K0.00%+4,259+29.8%Added
Arrowstreet Capital, Limited Partnership18,418$926.4K0.00%+18,418New
Voya Investment Management LLC18,035$907.2K0.00%−1,023−5.4%Reduced
Kestra Advisory Services, LLC17,803$895.5K0.00%+5,792+48.2%Added
Deutsche Bank AG17,061$858.2K0.00%−2,602−13.2%Reduced
Barnett & Company, Inc.16,992$854.7K0.69%−9,885−36.8%Reduced
Qsemble Capital Management, LP15,933$801.4K0.07%+15,933New
Janus Henderson Group PLC15,088$759.0K0.00%00.0%Unchanged
Occudo Quantitative Strategies LP15,006$754.8K0.05%+15,006New